May 7, 2007
$100 million The dollar figure placed on an alleged nationwide workers’ compensation scam for which five men have been indicted. The investigation began in 2002 after the Florida Division of Workers’ Compensation issued a stop work order for failure to …
May 1, 2007
The Florida Senate has passed a $5 million claims bill between the state and family of a Panama City teenager who died after being roughed up by boot camp guards last year. The bill (SB 2968) must now win passage …
February 5, 2007
Transatlantic Holdings, Inc. reported that its net income for the year ended December 31, 2006 was $428.2 million, or $6.46 per common share (diluted), compared to $37.9 million, or $0.57 per common share (diluted), in 2005. Net income for the …
October 25, 2006
Chicago-based Aon Corp. is set to become the insurance broker and risk management consultant for the Panama Canal Authority, as it undertakes a $5 billion makeover of the 90-year old waterway, recently approved by Panamanian voters. “The overhaul of the …
August 24, 2006
The first meeting of the Board of Governors of the Florida Property and Casualty Joint Underwriting Association (PCJUA) is scheduled for Friday, August 25 in Tallahassee. Officials also revealed the name sof the memebrs of the JUA board. The August …
July 12, 2006
Thomas G. Merrill, 70, of Panama City, Fla. has been sentenced to life in prison for multiple charges of wire fraud, health care fraud and distribution of controlled substances according to Attorney General Charlie Crist. Merrill was convicted by a …
May 8, 2006
Warm sunshine. Sandy beaches along an alluring sea. Salt air. The price for all that many love about Florida is going up. Saying essentially that Floridians have been underpaying for property insurance for years and just didn’t realize it until …
April 17, 2006
Lawmakers return to Tallahassee, Fla. today after Passover and Easter break still facing some high profile priorities in the final three weeks of the annual legislative session. Bills that would save Gov. Jeb Bush’s school voucher program, change the way …
April 7, 2006
With thousands of Floridians reeling from huge property insurance premium spikes as yet another hurricane season approaches, a Senate panel began discussion Wednesday of ways to fix what many say is a broken hurricane insurance market. But with a period …
April 3, 2006
Residents in Florida’s Panhandle will be vulnerable to hurricanes until lawmakers stand up to special interests that have worked to keep much of Northwest Florida exempt from the statewide building codes, according to the Property Casualty Insurers Association of America. …